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Worldpay and FIS to combine

 

FIS, a global leader in financial services technology, and Worldpay, a global leader in eCommerce and payments, announce that they have entered into a definitive merger agreement.

 
 
 
 

Mastercard Excessive Authorization Attempt Fee 

 

Mastercard is introducing a new Excessive Authorization Attempts fee in both the U.S. and Canada effective July 15, 2019 as an effort to stop card testing and discourage merchants from continuously authorizing a card after receiving declines.

 
 
 
 

Summer 2019 Processing Site Redirection

 

On Saturday, June 8, processing for Worldpay eCommerce line of business will be redirected from our Western facility to our Eastern facility. 

 
 
 
 

Mastercard Claims Manager update

 

As part of the Mastercard Claims Manager (MCM), Mastercard has announced a new fee and updates to existing pass through fees. 

U.S. merchants
Click here to learn about the fees impacting merchants based in the United States

Canadian merchants
Click here to learn about the fees impacting merchants based in Canada. 

 
 
 
 

Upcoming fees impacting Canadian merchants

 
The card networks have announced changes to the fees assessed to Canadian merchants. 
 
 
 
 

Upcoming fees impacting U.S. merchants 

 

Interchange notice
The Worldpay Network Fee Management Interchange notice contains upcoming fee changes that will be implemented by the card networks. 

 
 
 
 
 

Pass-through fee notice
Click on the link to learn more about the network pass-through fee changes that will impact U.S. merchants. 

 
 
 
 

Visa announces planned maintenance 

 

Due to planned maintenance by Visa, the Visa dispute function will be unavailable in iQ from 10 a.m. EST on Saturday, April 13 through 11 p.m. on Sunday, April 14.

 
 
 
 

Visa introduces Issuer Monitoring Program

 

Visa is launching its new Visa Issuer Monitoring Program effective October 1, 2019 in all regions except the Asia-Pacific.

 
 
 
 

Visa Update: Credit Authorizations

 
In response to the upcoming card brand mandates for credit voucher/merchandise return authorizations, Worldpay has updated our system to send this new authorization on behalf of our merchants.
 
 
 

In every issue

 
 
 
 
eCommerce maintenance and bank holiday schedule: Click here
 
 
 
 
Disputes and chargeback information: Click here
 
 
 
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